Cigarette smuggling from Cambodia to Vietnam abounds
A pair of cigarette brands distributed by two of the Kingdom’s most prominent businessmen are being smuggled from Cambodia to Vietnam at an estimated rate of more than 300 million packs a year, contributing to tobacco manufacturer losses of nearly $200 million annually, according to ...
Hun Sen says Wage Changes Are Not Up To The Government
Prime Minister Hun Sen said yesterday that the government has no role in setting the minimum wage, as Cambodia is a market driven economy, and shot down unnamed people who have been calling for the government to significantly raise the country’s floor wage of $61. “For ...
http://www.cambodiadaily.com/news/hun-sen-says-wage-changes-are-not-up-to-government-14455/
Ford takes 20 per cent of new car market
Before the big dinner with Hillary Clinton, Prime Minister Hun Sen and the leaders of Thailand and Myanmar on July 13 in Siem Reap, Tom Whitcraft of RMA Group, which owns the Ford dealership in Cambodia, sat down for an interview. Whitcraft said Ford has about ...
Cambodia looks to put its rice on the world’s plate
For as long as Cambodian rice farmers can remember, their product has had an unsavory reputation. Tough, dirty and unmilled, it was impossible to cook evenly, and even farmers traded it as pig feed in exchange for cash or better-quality rice from Vietnam or Thailand. Even ...
Inflation Will go Down Later this Year, Economy Minister Said
The Consumer Price Index increased by a total of 7.1 percent in June 2011 compared to the same period last year at the same time. Ministry of Economy and Finance expects that inflation would go down to 6.5 percent at the end of this year ...
Paddy Rice Price Fluctuates
The price of paddy rice in Cambodia’s northwestern provinces jumped to 1,500 riel from 1,350 riel per kilogram in mid-October on a lack of supply, but quickly fell to 1,360 riel. Meanwhile, the prices in the Cambodia-Vietnam border provinces rose from 1,300 riel to 1,390 ...
http://www.phnompenhpost.com/index.php/2012110659583/Business/paddy-rice-price-fluctuates.html
Thailand, Vietnam Seek Controls on Rosewood Trade
Thailand and Vietnam have called for strict controls to be placed on the international trade of rosewood in an attempt to prevent the luxury wood species from being logged to extinction. Cambodia currently exports thousands of cubic meters of the wood to China each year, and ...
http://www.cambodiadaily.com/news/thailand-vietnam-seek-controls-on-rosewood-trade-12299/
PRASAC increases share capital to US$20 million
PRASAC Microfinance Institution, celebrating its eighteenth anniversary this year in the Cambodia microfinance market, has increased its registered capital from 15-4 billion riel to 80 billion riel. The increase of the share capital has been authorized by the National Bank of Cambodia and the company is now amending its Articles of Incorporation. PRASAC’s share capital is ...
Kingdom lacks engineers: minister
Because Cambodia’s youth has not focused enough on studying technical or engineering subjects, the Kingdom now faces a lack of human resources and the Ministry of Education, Youth and Sports plans to reform the country’s education system, according to the minister in charge. Minister Im Sethy ...
http://www.phnompenhpost.com/2013052965901/Business/kingdom-lacks-engineers-minister.html
Rising Demand Boosts Organic Rice Industry
Production of Cambodian organic rice is rising rapidly as international demand for the product increases, experts said at a forum for growers and other industry members held Tuesday at the Phnom Penh headquarters of agricultural NGO Cedac. “In the first six months of this year we’ve ...
http://www.cambodiadaily.com/business/rising-demand-boosts-organic-rice-industry-34216/
Cambodia's rice exports up 125 pct in first half of 2013
Cambodia has seen a sharp rise in the exports of milled rice in the first six months of this year thanks to increasing demand on international markets, an official said Wednesday. The figures, from the single window secretariat for facilitating milled rice exports, showed that the ...
http://news.xinhuanet.com/english/business/2013-07/10/c_132529640.htm
Cambodia sees gold price dip
Gold prices in Cambodia are down about 27 per cent from January through June, according to the Ministry of Commerce. Gold trade changed little yesterday after the biggest drop in almost two weeks in response to the US Federal Reserve Chairman Ben S Bernanke’s comments ...
http://www.phnompenhpost.com/business/cambodia-sees-gold-price-dip
PM seeks overseas markets for Kingdom’s agricultural products
Speaking at the closing ceremony of 2018-2019 Agriculture, Forestry and Fisheries Annual Result Review Meeting, Prime Minister Hun Sen said Cambodia’s agricultural sector is showing progress, with it producing nearly six million tonnes of paddy, which can be processed into four million tonnes of milled ...
Hin Pisei
https://www.phnompenhpost.com/business/pm-seeks-overseas-markets-kingdoms-agricultural-products
In petroleum market, gov’t takes an active role
As global oil prices have plummeted over the past year, the price of gas at the pump in Cambodia has seen a much slower fall. ...
Kang Sothear
https://www.cambodiadaily.com/news/in-petroleum-market-govt-takes-an-active-role-94063/
Index Creative Village to tap Cambodian market next year
Index Creative Village, the country’s leading event management company, will expand its business into Cambodia next year by organising trade fairs in response to its clients’ need to capitalise on the Asean economic integration. ...
Watchiranont Thongtep
http://www.nationmultimedia.com/business/Index-Creative-Village-to-tap-Cambodian-market-nex-30271560.html
Cambodian bourse signs deals with Vietnamese, Laotian stock markets
Cambodia Securities Exchange (CSX) has reached Memorandums of Understanding (MoUs) with Vietnamese and Laotian stock markets, aimed to open ways for better channels of communication between them, said a CSX’s statement on Monday. ...
Shanghai daily's team
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=321551
Thai restaurant chain aims for bite of Cambodian market
Thailand’s Wave Entertainment Plc will expand its steak restaurant chain to Cambodia next year, according to reports in Thai media. ...
Sum Manet
http://www.khmertimeskh.com/news/21464/thai-restaurant-chain-aims-for-bite-of-cambodian-market/
Opportune time to tap growing Chinese market in Sihanoukville
Following the steady rise of tourism in Sihanoukville, property development in the coastal town is heavily targeting the nonstop influx of Chinese flocking to the area. ...
Vandy Muong
http://www.phnompenhpost.com/post-property/opportune-time-tap-growing-chinese-market-sihanoukville
Cambodia’s property market continues to trend upwards, evolve
2015 saw a spike in foreign direct investment (FDI), and the property sector was a big benefactor of these investments both in terms of headline investments in new development projects, and also from foreign individuals investing in one or numerous condos, SoHo units or strata ...
Post Staff
http://www.phnompenhpost.com/post-property/cambodias-property-market-continues-trend-upwards-evolve
Political parties can distribute leaflets inside markets, NEC says
The National Election Committee (NEC), in an effort to avoid complaints that dogged past elections, has issued specific rules allowing political parties to distribute leaflets inside markets during the commune election campaign period. ...
Kuch Naren
https://www.cambodiadaily.com/news/political-parties-can-distribute-leaflets-inside-markets-nec-says-130262/